Turkish delivery company Getir has raised about $500 million in a deal that cuts its valuation almost in half, news website Insider reported on Wednesday citing industry sources.
In March last year, GetirThe deal is a 45% markdown on the price tag that was placed on Getir from last year. It could have been valued even lower but the deal came with a high liquidation preference, the report said.
Reporting by Lavanya Ahire in Bengaluru; Editing by Shounak DasguptaArgentina Últimas Noticias, Argentina Titulares
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